Without knowing the current NASDAQ value, I can't do the exact calculation. But here's a general formula: multiply the current NASDAQ value by (1 - drop percentage). For example, if it's currently at 15,000 points, a 78% drop would take it to about 3,300 points.
Okay, quick math: Dot-com equivalent correction would return the effective value of the NASDAQ to ~Feb. 2013. Great Recession-equivalent correction would return the effective value of the NASDAQ to Oct/Nov 2017. Just thinking out loud. Obviously, I'm hopefully optimistic that this doesn't happen. š¤
Okay, quick math: Dot-com equivalent correction would return the effective value of the NASDAQ to ~Feb. 2013. Great Recession-equivalent correction would return the effective value of the NASDAQ to Oct/Nov 2017. Just thinking out loud. Obviously, I'm hopefully optimistic that this doesn't happen. š¤